Sec. 204. Amendments to the equal credit opportunity act
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The Equal Credit Opportunity Act ( 15 U.S.C. 1691 et seq. ) is amended— in section 701(a)(1) ( 15 U.S.C. 1691(a)(1) ), by inserting sexual orientation, gender identity, familial status, after status, ; and in section 706 ( 15 U.S.C. 1691e )— in subsection (b), by striking— $10,000 and inserting $60,000 ; and 500,000 or 1 and inserting $5,000,000 or 5 ; and by adding at the end the following: On April 1, 2022, and each April 1 thereafter, each dollar amount in effect under subsection
(b)on the day before such April 1 shall be adjusted— to reflect the change in the Consumer Price Index for All Urban Consumers, published by the Department of Labor, for the most recent period ending immediately before January 1 preceding such April 1; and to round to the nearest $25 the dollar amount that represents the change described in paragraph (1). .
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